The head of the digital assets unit at BNY Mellon — the world’s largest custodian bank — has reaffirmed his bullishness on blockchain. Speaking at a recent fintech and regulation conference, BNY Mello...
Tag: BNY Mellon
BNY Mellon Names Digital Assets CEO
The world’s largest custodian bank has named a leader for its digital assets division as it seeks to accelerate initiatives in the segment despite the ongoing crypto winter. BNY Mellon named Car...
Goldman Sachs: We Are Not an FTX Creditor
Documents filed Wednesday in Delaware’s US Bankruptcy Court list thousands of potential FTX creditors, though lawyers said the names within the documents are not necessarily significantly tied to the ...
Ignoring digital assets would be like sticking with paper over computers, BNY Mellon CEO says
BNY Mellon is committed to continue exploring the digital asset space, albeit cautiously. CEO Robin Vince said on an earnings call today that digital assets are the bank’s “longest-t...
New York Banks Now Need Approval Before Engaging with Crypto, Regulator Says
A New York financial regulator wants advanced notice before banks do anything involving digital assets. The New York State Department of Financial Services issued new guidance requiring state-re...
Traditional finance is diving deeper into crypto
Traditional financial firms are working their way further into crypto and deeper down the rabbit hole, according to Fireblocks Head of Web3 Omer Amsel. Fireblocks custodies funds on behalf of mo...
BNY Mellon Reports $3.9 Billion in Q1 Revenue
Yesterday, BNY Mellon reported its financial results for the first quarter of 2022 (Q1 2022). The financial services provider posted a sharp decline of nearly 11% in EPS as the number reached $0.86, c...
BNY Mellon Preparing to Launch Institutional Crypto Custody Platform
BNY Mellon, a major US global bank headquartered in New York, has announced plans to launch a digital asset custody platform today to enable institutional clients to get exposure to cryptocurrencies ...